Company Overview
Globe Air Cargo Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Friday 03 February 1989, so this is a well established company. Globe Air Cargo Limited has been in business for 37 years and 1 month. The accounts status is small and the accounts are next due on Wednesday 30 September 2026.
Registered Address

Building 550 Shoreham Road East, London Heathrow Airport, Hounslow, Middlesex, TW6 3UA
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Companies House Data
Company NameGLOBE AIR CARGO LIMITED
Company Number02343362
Registered Office AddressBuilding 550 Shoreham Road East
 London Heathrow Airport
 TW6 3UA
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date03/02/1989
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategorySMALL
Returns Next Due Date29/06/2017
Returns Last Made Up Date01/06/2016
Directors & Members
Show Resigned
Stephen Hughes - Director
(British, 52 years old, born October 1974)
Appointed 13 October 2025
 Active
Secretaries
Show Resigned
Other Company Directorships
Stephen Hughes
CARGOSTARS LTD
SKYLOG LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Balance Sheet
Fixed Assets 21,016 21,016 40,287
Current Assets 5,134,957 5,134,957 2,008,681
Creditors Due Within One Year 4,384,424 4,384,424 1,816,987
Working Cap 750,533 750,533 191,694
Total Assets Less Current Liabilities 771,549 771,549 231,981
Long-term Liabilities 0 0 0
Net Assets 771,549 771,549 231,981
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 771,549 771,549 231,981
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Tangible Fixed Assets - - -
Fixed Assets 0.4% 0.4% 2.0%
Stocks Inventory - - -
Debtors 70.2% 70.2% 72.7%
Cash Bank In Hand 29.4% 29.4% 25.4%
Current Assets 99.6% 99.6% 98.0%
Creditors Due Within One Year 85.0% 85.0% 88.7%
Net Current Assets Liabilities 14.6% 14.6% 9.4%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 15.0% 15.0% 11.3%
Capital Employed - - -
Total Assets Less Current Liabilities 15.0% 15.0% 11.3%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Liquidity Ratio 1.2 1.2 1.1
Solvency Ratio 1.2 1.2 1.1
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 6
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 6
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Assets 5,155,973 5,155,973 2,048,968
Debt 4,384,424 4,384,424 1,816,987
Net Assets/Debt 771,549 771,549 231,981

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet this level of net assets suggests total debts and obligations were moderately well covered.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around TW6 3UA
AIROAD LTD
Building 550 Shoreham Road East, London Heathrow Airport, Hounslow, Middlesex, TW6 3UA
WORLDWIDE FLIGHT SERVICES (SPA) LIMITED
Building 552 Shoreham Road East, London Heathrow Airport, Hounslow, Middlesex, TW6 3UA
WORLDWIDE FLIGHT SERVICES LIMITED
BUILDING 552 SHOREHAM ROAD EAST, LONDON HEATHROW AIRPORT, HOUNSLOW, MIDDLESEX, TW6 3UA
S.P.A.-TRANS HOLDINGS LIMITED
Building 552 Shoreham Road East, London Heathrow Airport, Hounslow, Middlesex, TW6 3UA
WORLDWIDE LOGISTICS (UK) LTD
Building 550 Shoreham Road East, London Heathrow Airport, Hounslow, Middlesex, TW6 3UA
DUNWOODY AIRLINE SERVICES LIMITED
BUILDING 552 SHOREHAM ROAD EAST, LONDON HEATHROW AIRPORT, HOUNSLOW, TW6 3UA
FLY US LIMITED
BUILDING 551 SHOREHAM ROAD EAST, LONDON HEATHROW AIRPORT, HOUNSLOW, TW6 3UA
WFS GROUND HANDLING SERVICES LIMITED
Building 552 Shoreham Road East, London Heathrow Airport, Hounslow, TW6 3UA
Document Filings
Registered office address changed from Building 550 Shoreham Road East London Heathrow Airport Hounslow Middlesex TW6 3UA England to Dnata City 3 Northumberland Close Stanwell Staines-upon-Thames TW19 7LN on 31 March 2026
Cessation of Michelle Denise House as a person with significant control on 31 December 2025
Notification of Stephen Daniel Hughes as a person with significant control on 13 October 2025
Termination of appointment of Michelle Denise House as a director on 31 December 2025
Termination of appointment of European Cargo Services Sa as a director on 26 November 2025
Appointment of Mr Stephen Daniel Hughes as a director on 13 October 2025
Confirmation statement made on 1 June 2025 with no updates
Confirmation statement made on 1 June 2024 with no updates
Confirmation statement made on 1 June 2023 with no updates
Confirmation statement made on 1 June 2022 with no updates
Satisfaction of charge 4 in full
Satisfaction of charge 6 in full
Confirmation statement made on 1 June 2021 with no updates
Director's details changed for European Cargo Services Sa on 9 March 2021
Confirmation statement made on 1 June 2020 with no updates
Notification of Michelle Denise House as a person with significant control on 17 December 2019
Cessation of Laurent Raoul Roger Roubin as a person with significant control on 17 December 2019
Cessation of François Riahi as a person with significant control on 17 December 2019
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